Remove Conversion Remove Gasoline Remove Industrial Remove Oil Prices
article thumbnail

VTT study concludes gasification-based pathways can deliver low-carbon fuels from biomass for about 1.90-2.65 US$/gallon

Green Car Congress

The horizontal red lines show the comparable price of gasoline (before tax, refining margin 0.3 $/gal, exchange rate: 1 € = 1.326 $) with crude oil prices 100 $/bbl and 150 $/bbl. Converted into gasoline-equivalent price per liter, the estimated production cost would be 0.5–0.7 Source: VTT. 0.7 €/liter (app.

Carbon 218
article thumbnail

Global Bioenergies reports first production of green isobutene at demo plant

Green Car Congress

With a nameplate capacity of 100 tons/year, the demo plant will allow the conversion of various resources (industrial-grade sugar from beets and cane, glucose syrup from cereals, second-generation sugars extracted from wheat straw, bagasse, wood chips…), into high-purity isobutene. Earlier post.).

Global 150
article thumbnail

IHS Markit: 2020 low-sulfur requirements for marine bunker fuels causing scramble for refiners and shippers

Green Car Congress

The IMO fuel sulfur content regulation will have a significant global impact on both the refining and the shipping industries. As a result, both industries will experience rapid change and significant cost and operational impacts, according to new analysis from IHS Markit. The two industries are vastly unprepared.

Mariner 150
article thumbnail

Pike Research forecasts global biofuels market to double by 2012 to $185.3B

Green Car Congress

growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021, while demand for diesel in ground transportation markets will reach at least 427 BGPY. continue to pour into the industry.

Global 253
article thumbnail

IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

Green Car Congress

In 2016, the IMO confirmed that global refiners and shippers would have to comply with these new environmental regulations five years earlier than many anticipated, which sent tidal waves through two industries that typically take many years to adapt to such significant change. Such a move would be a significant deterrent to non-compliance.

Fuel 170
article thumbnail

Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

Green Car Congress

Our findings are significant for the future biofuel industry, and the ultimate goal is to make poplar coppice biofuel a step closer to the pump. We have the environmental incentives to produce fuels and chemicals from renewable resources, but right now, they aren’t enough to compete with low oil prices. That’s the problem.

article thumbnail

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

Under their optimistic scenario (OPT)—which is based on the assumption that EVs are market-competitive with gasoline vehicles, in particular after 2025—they find 15% and 47% adoption of battery electric vehicles (BEVs) in 2030 and 2050, respectively. In the OPT scenario, direct NO x emissions from LDV are about 0.3

Emissions 150